Monday, August 10, 2020

Weekly (Aug 3-7) Metrics and Notes (Redesigned Portfolio, Fuel Cell Energy, Silvergate Bank, etc.)

 We had a bit of a makeover this week. Below are some metrics and some notes.

Metrics

Security/ ProjectType Date of PurchaseCost of InvestmentEOW ValueReturn %
Fuel Cell EnergyStock 8/3/2020$2.192.6822.37%
Fuel Cell EnergyAug 20 $3.00 Covered Call8/3/2020-$0.11-0.15-36.00%
Silvergate BankStock 8/5/2020$13.9914.584.22%


- The fund used some of the money received from selling the call to purchase stock in Silvergate Bank.  


- The fund reorganized in a way where it has now purchased enough shares of Fuel Cell Energy to be able to sell covered call options on a portion of that portfolio. 


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.


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